1. What is a financial emergency? A financial emergency is a situation that calls for urgent attention and, if not…

1. What is a mutual fund? A mutual fund is an investment vehicle that aggregates money from various investors to…

1. What are financial apps used for? Financial apps help people control their finances. They track one’s income and expenses,…

1. What is passive income? Passive income is money earned with minimal active involvement after the initial setup. Examples include…

1. What is a cashless lifestyle? A cashless lifestyle is a way of living without using physical cash in transactions.…

1. Why do freelancers need a retirement plan? Freelancers don’t have employer-sponsored retirement plans, so it’s crucial to take responsibility…